Salary of SAP FICO

by | Jan 23, 2023 | Interview, Salary

Preface – This post is part of the Salary series.

Salary of SAP FICO

Introduction

An SAP ERP module is utilized for internal and external financial monitoring. The goal is to provide accurate financial statements after the trading session and document every financial transaction a business posts. Financial Accounting and Controlling is the full name of SAP FICO.
Submodules of SAP FICO make up SAP FI. Trade payables, Accounting, Asset Accounting, General Ledger Accounting, and Bank Accounting, are the sub-modules that are frequently used. Each submodule is connected to the others and integrates in real time. Since all the submodules are linked, a trial balance can be extracted simultaneously and will always balance.
In this article, we will discuss the Salary of SAP FICO.

Responsibilities

  • Conduct meetings with the client.
  • To create a document, and gather information about their current business procedures.
  • Gather information about their operational needs and get ready.
  • Data mapping involves mapping each data element in the target environment to its corresponding source data element.
  • Find the difference between the processes as-is and as-to-be.
  • A document containing requirements discovered through workshops is often known as a business blueprint.
  • Set up the enterprise structure and global settings.
  • Establish G/L, A/P, A/R, and asset accounting settings.
  • Create a document for end-user training.
  • Create a workflow to complete the project within the allotted scope, budget, and schedule. A workflow is nothing more than a flowchart of business activities.
  • After the product is launched, production support must be provided.

Scope

One of the most in-demand SAP modules is SAP FICO, and there are now a lot of job possibilities in this area. A potential SAP FICO expert applicant should thoroughly understand SAP FICO. Instead of merely enrolling in SAP FI or SAP CO training, a candidate can choose to complete SAP FICO’s comprehensive curriculum. This helps them become experts and enhances their grasp of managing reporting and financial accounting in a company.

Salary of an SAP FICO in India (INR)

Fresher4 LPA
Junior Developer9 LPA
Senior Developer17 LPA

Salary of an SAP FICO in Singapore (SGD)

Fresher120K PA
Junior Developer195K PA
Senior Developer250K PA

Salary of an SAP FICO in the USA (USD)

Fresher115K PA
Junior Developer127K PA
Senior Developer170K PA

Salary of an SAP FICO in Britain (GBP)

Fresher88.6K PA
Junior Developer99.1K PA
Senior Developer140K PA

Salary of an SAP FICO in Europe (EURO)

Fresher69.1K PA
Junior Developer77.4K PA
Senior Developer117.2K PA

Salary of an SAP FICO in Australia (AUD)

Fresher120K PA
Junior Developer140K PA
Senior Developer180K PA

Note: Here, PA stands for Per Annum, i.e., Annual Income.

 

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